Nextech3D.ai closes first tranche of private placement
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) told investors it has closed the first tranche of its previously announced private placement to raise $475,000 by issuing 4,750,000 units at $0.10. Each unit is comprised of a share and a share purchase warrant entitling the holder to acquire an additional share for $0.15 for two years from the date of issue.
Nextech3D.ai Announces Closing of First Tranche of Private Placement For $475,000
TORONTO, ON / ACCESSWIRE / September 25, 2024 / Nextech3D.AI (the "Company") (OTCQB:NEXCF)(CSE:NTAR)(FSE:1SS) is pleased to announce that it has closed the first tranche of its previously announced private placement (the "Offering") pursuant to which it has issued an aggregate of 4,750,000 units ("Units") at a price of $0.10 per Unit, to raise aggregate gross proceeds of $475,000. The securities underlying the units issued on closing of the Offering will all be subject to a four-month statutory hold period commencing on the date of issuance.
Nextech3D.ai acquires Designhubz to strengthen ar 3d modeling capabilities – ICYMI
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) earlier this week announced the acquisition of Designhubz, a Middle Eastern company known for its advanced virtual try-on technology. This all-stock deal, which grants Designhubz 500,000 shares restricted for six months, aims to expand Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF)'s offerings in the augmented reality (AR) space for e-commerce.
Nextech3D.ai adds try-on technology to 3D and AR platform
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) announced it is acquiring an augmented reality (AR) try-on technology from Designhubz in an all-stock deal. The company said the integration of this technology into its platform will allow Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) customers to not only visualize 3D models but also provide them with a seamless try-on experience, which enhances their product engagement and boosts their purchase confidence.
Nextech3D.ai Signs LOI to Acquire Designhubz Expanding its 3D & AR Portfolio With Try-On Technology For Wearables
Company Acquires Key AR "Try-On" Technology TORONTO, ON / ACCESSWIRE / September 11, 2024 / Nextech3D.AI (OTCQX:NEXCF)(CSE:NTAR)(FSE:EP2), a leading Generative AI-powered 3D model content provider for major e-commerce giants including Amazon, P&G, and Kohl's, is thrilled to announce the acquisition of augmented reality (AR) try-on technology from Designhubz in a all stock deal fo 500,000 shares at a deemed price of .10/share. Designhubz is renowned for its All-in-One Solution that creates, collaborates, and shares immersive eCommerce experiences, allowing online shoppers to virtually try products before they buy.
Nextech3D.AI announces repricing and non-brokered private placement to raise C$2.8 Million
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) has announced a repricing of its previously planned financing, and the company is moving forward with a non-brokered private placement, intending to raise up to C$2.8 million. The private placement will see Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) issue up to 28 million units at C$0.10 per unit.
Nextech3D.ai Announces Repricing of Proposed Placement
TORONTO, ON / ACCESSWIRE / September 6, 2024 / Nextech3D.AI (the "Company") (OTCQX:NEXCF)(CSE:NTAR)(FSE:1SS) is pleased to announce that further to the Company's press release dated August 16, 2024, the Company proposes to reprice the financing and complete a non-brokered private placement (the "Offering") pursuant to which it will issue up to 28,000,000 units ("Units") at a price of C$0.10 per Unit, to raise aggregate gross proceeds of up to C$2,800,000. Each Unit will be comprised of one common share of the Company (a "Share") and one common share purchase warrant (a "Warrant"); with each whole Warrant exercisable to acquire one additional Share at a price of $0.15 for a period of 24 months from the date of issuance thereof, provided that if the daily volume weighted average trading price of the Shares on the Canadian Securities Exchange exceeds $0.30 for ten consecutive trading days, the Company may accelerate the expiry date of the Warrants to the date which is 30 days following the date upon which the Company provides notice of such acceleration to the holders of the Warrants.
Nextech3D.ai secures three new patents for AI-based 3D model generation
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) announced the granting of three new patents by the United States Patent and Trademark Office (USPTO) for its AI-based 3D model generation technology. These patents focus on innovative AI-based algorithms for 3D model generation, the company said in a statement.
Nextech3D.ai Secures Three New Patents for AI-Powered 3D Model Generation Algorithms
Growing Portfolio Now Includes a Total of Five Patents In the Field of 3D Modeling TORONTO, ON / ACCESSWIRE / September 4, 2024 / Nextech3D.ai (OTCQX:NEXCF)(CSE:NTAR)(FSE:1SS), a leading provider of Generative AI-powered 3D model content for major e-commerce retailers like Amazon, P&G, and Kohl's, is thrilled to announce that the United States Patent and Trademark Office (USPTO) has granted the company three new patents for innovative AI-based algorithms designed for 3D model generation. These new patents are part of Nextech3D.ai's growing portfolio, which now includes a total of five patents in the field of 3D modeling.
Nextech3D.AI achieves record gross profit for Q2
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) has reported its financial results for the second quarter, notably achieving a significant improvement in its profit margin. For the quarter ended June 30, the 3D model specialist saw its profit margin was 74%, up from 30% in 2023 and 51% in the first quarter.
Nextech3D.ai Reports Q2 2024 Revenue of $1,108,000 with Record Gross Profit Margin of 74% or $820,000 A 45%Increase Over Q1, 2024
Q2 Highlights Now Amazon Certified 3D Content Provider Launches AI Generated Digital Photography studio Record 74% Profit Margin Achieved Issued 2D-3D Patent #11,948,248 Adds AI 3D Mesh Search Engine TORONTO, ON / ACCESSWIRE / August 29, 2024 / Nextech3D.AI (OTCQX:NEXCF)(CSE:NTAR)(FSE:EP2), a frontrunner in generative AI-powered 3D modeling technology for major e-commerce entities such as Amazon, Miele, P&G, Kohls, other major e-commerce retailers reports its unaudited financial and operating results for its second quarter ended June 30th, 2024. Financial Performance Revenue: $1,108,000 with Record Gross Profit Margin of 74% or $820,000 A 45% Increase Over Q1, 2024 and an 80% increase over Q2 2023.
Nextech3D.AI announces new features for Aritize3D platform
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) has unveiled new features for its Aritize3D platform aimed at improving product experiences and making it easier for customers to visualise 3D models. The company's platform is designed to support e-commerce brands and Amazon sellers by offering advanced 3D modeling solutions.
